Details of Egypt’s $53 Billion Plan for Gaza Reconstruction

Egypt has unveiled a $53 billion plan to rebuild Gaza over five years, focusing on emergency relief, reconstruction, and long-term economic development. This comes according to a draft document obtained by AFP.

The plan, which will be discussed on Tuesday during an extraordinary Arab summit in Cairo, outlines two main phases and proposes the creation of an internationally supervised fund to ensure “effective and sustainable financing” as well as “transparency and oversight.”

Rapid Response Phase
The first phase, lasting six months, will focus on clearing debris, removing landmines and unexploded ordnance, and providing temporary housing for those affected.

During this phase, seven sites will be prepared to accommodate over 1.5 million people in prefabricated housing units, each averaging six residents. The plan also includes repairing 60,000 partially damaged homes to shelter 360,000 people.

Reconstruction Phase
The reconstruction phase consists of two stages spanning four and a half years.

The first stage, running until 2027 with a budget of $20 billion, will focus on rebuilding essential infrastructure, including roads, distribution networks, and public service facilities. It also includes the construction of 200,000 permanent housing units to accommodate 1.6 million people and the rehabilitation of 810,000 hectares of arable land.

The second stage, extending until 2030 with an estimated cost of $30 billion, aims to complete infrastructure projects and establish industrial zones, a fishing port, a commercial port, and an airport.

Financing
The Egyptian plan proposes the creation of an internationally supervised fund to ensure “effective and sustainable financing” and the “necessary transparency and oversight.”

Cairo plans to host a high-level ministerial conference involving donor countries, international and regional financial institutions, the private sector, and civil society to mobilize the necessary funding.

Who Will Govern Gaza?
According to the document, a Gaza administration committee, composed of independent technocrats and non-partisan figures, will be established under the supervision of the Palestinian government to manage the territory during a six-month transitional period.

This measure is described as a step toward the full resumption of control over Gaza by the Palestinian Authority, based in the occupied West Bank.

To support this transition, the plan proposes that Egypt and Jordan train Palestinian security forces to prepare them for assuming security responsibilities in Gaza.

The document also raises the possibility of an international presence in the Palestinian territories, including a potential UN Security Council resolution to deploy peacekeeping or protection forces in Gaza and the occupied West Bank.

This is part of a broader timeline aimed at establishing a Palestinian state and strengthening its institutions.

The document acknowledges the challenges posed by the multiple armed factions in Gaza, asserting that the issue could be resolved if a “credible political process” is established to restore Palestinian rights and provide a “vision” for the future.

About محمد الفاسي